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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (14459)	11/4/2000 12:14:14 AM
From: Graeme Smith	Respond to of 18998

$3-$5 seems optimistic for CRWN. 1x sales, which would be the norm for such a company is under a dollar a share. I agree with you about companies such as this going up after lockup, except it is normally because their issuer is promoting them, which I cannot find in this case. --- Re: CRWN lockup expiration: ipolockup.com typically, these stocks will base or even go up after lockup. eventually selling pressure drops the price WAY down as I expect will happen to CRWN. value is in $3 - $5 range IMO best... LIG

To: lifeisgood who wrote (14459)	11/4/2000 12:14:29 AM
From: Graeme Smith	Read Replies (1) \| Respond to of 18998

$3-$5 seems optimistic for CRWN. 1x sales, which would be the norm for such a company is under a dollar a share. I agree with you about companies such as this going up after lockup, except it is normally because their issuer is promoting them, which I cannot find in this case. --- Re: CRWN lockup expiration: ipolockup.com typically, these stocks will base or even go up after lockup. eventually selling pressure drops the price WAY down as I expect will happen to CRWN. value is in $3 - $5 range IMO best... LIG